#OpinionArticle
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals or fuel sources), then the main objective of the M&A was to obtain technology (of all types. Since the influence of Made in China 2025*, the M&As in the ten key industries increased.) Of course, there are other purposes like money laundering but that is more difficult to determine based on the data.
Interestingly, despite the US being a major player in technology. Approaching mainly through researchers (Thousand Talents Plan) or technology transfer (via joint venture agreements), the US has long since been warier of China. Most Chinese M&As are with Europe, especially Germany, the manufacturing giant that best meets China's technological needs. It wasn't until 2016, when China acquired the Bavarian+ robotics company, Kuka, that the alarm bells sounded for Germans. By then, it was too late.
Full translation:
https://telegra.ph/Europeans-lack-of-understanding-of-China-05-24
Source: Facebook
https://www.facebook.com/1640627496/posts/10219890809454218/
Further reading:
FBI arrests Arkansas professor on fraud charges over financial ties to China
https://t.me/guardiansofhongkong/20992
#China #Europe #technology #ThousandTalentsPlan #jointventureagreements
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals or fuel sources), then the main objective of the M&A was to obtain technology (of all types. Since the influence of Made in China 2025*, the M&As in the ten key industries increased.) Of course, there are other purposes like money laundering but that is more difficult to determine based on the data.
Interestingly, despite the US being a major player in technology. Approaching mainly through researchers (Thousand Talents Plan) or technology transfer (via joint venture agreements), the US has long since been warier of China. Most Chinese M&As are with Europe, especially Germany, the manufacturing giant that best meets China's technological needs. It wasn't until 2016, when China acquired the Bavarian+ robotics company, Kuka, that the alarm bells sounded for Germans. By then, it was too late.
Full translation:
https://telegra.ph/Europeans-lack-of-understanding-of-China-05-24
Source: Facebook
https://www.facebook.com/1640627496/posts/10219890809454218/
Further reading:
FBI arrests Arkansas professor on fraud charges over financial ties to China
https://t.me/guardiansofhongkong/20992
#China #Europe #technology #ThousandTalentsPlan #jointventureagreements
Telegraph
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals…